SUBSCRIBERS
China's subways 'are next on crackdown list'
Funding for some projects yanked as govt attempts to rein in frenzied construction and debt levels, says Caixin
Add BT as a preferred sourcePublished Sun, Nov 19, 2017 · 09:50 PM
Beijing
CHINA'S frenzied construction of subway systems in cities all over the country may be easing, amid reports that funding has been pulled for some projects as Beijing pushes to rein in debt levels.
The National Development and Reform Commission, China's top economic planning body, is revising a 2003 policy on subway development, Caixin reported on Saturday.
Share with us your feedback on BT's products and services
